Insurtech Previsico secures Series A to expand live flood forecasting globally
UK InsurTech Previsico raises Series A led by CI, BlueOrchard, and early backers to scale its live flood forecasting platform in the US, UK, and emerging markets
InsurTech News
Simply Business rolls out AI insurance advisor for small businesses
Simply Business launches AI-powered advisor to simplify insurance buying, boost engagement, and support small business owners with personalized coverage guidance
Insurtech Federato launched agentic AI platform to overhaul insurance underwriting
Federato debuts agentic AI and Control Tower, aiming to modernize underwriting, portfolio management, and insurer workflows beyond legacy systems
Florida bill seeks to bar AI-only insurance claim denials, mandate human review
Florida Senate Bill 202 would require insurers to ensure humans make final claim denial decisions, with written affirmations and regulator oversight
Exzeo targets $178 mn in IPO proceeds with $20–$22 share pricing range
HCI subsidiary Exzeo aims to raise up to $177.8M from IPO, projecting Q3 net income up fourfold and managed premiums more than doubling year over year
Egypt’s SehaTech secures $1.1 mn seed to expand AI-powered health insurance
SehaTech raises $1.1 mn seed round led by Ingressive Capital to scale AI health insurance platform, expand regionally, and improve access to coverage
Carpe Data and Harbor AI team up to speed E&S underwriting with AI insights
Carpe Data and Harbor partner to give E&S insurers faster, cleaner underwriting workflows with AI-driven signals, pricing recommendations, and renewal monitoring
Autonomize AI launched Studio and 100+ Agent Marketplace for healthcare
Autonomize AI unveils AI Studio and 100+ healthcare-native Agents to accelerate workflow automation, governance, and care quality in clinical and operational systems
AI-driven insurer MGT raises $21.6 mn Series B to scale AI-native insurance
AI-driven insurer MGT secures $21.6m in Series B led by Mubadala Capital, funding expansion of E&S operations and next-gen P&C insurance for small businesses
Lemonade proposes near-zero insurance for Tesla Full Self-Driving
Lemonade proposes near-zero insurance for Tesla Full Self-Driving, using direct vehicle integration to cut costs and challenge Tesla’s stalled insurance rollout
NTT DATA acquires Alchemy Technology to expand global insurance modernization
NTT DATA acquires UK-based Alchemy Technology, boosting Guidewire and London Market expertise while expanding digital transformation for insurers worldwide
Liberate secures $50 mn Series B at $300 mn valuation to expand AI insurance automation
Liberate secures $50 mn Series B led by Battery Ventures to scale agentic AI across insurers, boosting sales, slashing costs, and powering 1.3 m automated resolutions monthly
Stand secures $35 mn Series B to expand catastrophe insurance into Florida
Stand, an insurtech startup targeting properties most at risk from natural disasters, has closed a $35m Series B round
Afori launches AI platform for insurance brokers with €4 mn funding
Afori emerges from stealth with €4mn pre-seed led by General Catalyst, building an AI inbox assistant to cut broker admin overload ahead of its 2025 Germany rollout
AdvantageGo debuts Underwriting Workbench v3.0 to modernise P&C insurance workflows
AdvantageGo launches Underwriting Workbench v3.0, bringing AI insights, dynamic workflows, and collaboration tools to insurers across EMEA and North America
Akur8 launches Rate Repo and Deploy to unify actuarial pricing and deployment
Akur8 expands its actuarial suite with Rate Repo and Deploy, offering insurers faster, compliant pricing workflows from model creation to live deployment
Kalepa partners with AmRisc to scale AI-powered underwriting operations
Kalepa and AmRisc form a strategic partnership to boost underwriting efficiency, accuracy, and speed with AI-driven document and submission processing
ClaimSorted raised $13.3 mn to speed up insurance claims with AI-powered TPA
ClaimSorted secures $13.3m seed round led by Atomico to expand its AI-driven claims management platform, cutting costs and boosting speed for insurers worldwide
EIS expands OneSuite with CoreGentic AI to reshape insurance core systems
EIS launches OneSuite powered by CoreGentic, embedding AI and agentic orchestration into core insurance tech to slash costs, boost agility, and cut IT dependence
Socotra launched AI-driven Agentic Configuration to cut insurance product costs
Socotra debuts Agentic Configuration, an AI-powered tool slashing insurance product timelines, cutting costs by up to 75%, and reducing iteration cycles by 90%
Gradient AI partners with Connexure to unify underwriting and risk automation
Gradient AI joins forces with Connexure to merge predictive analytics and workflow automation, helping carriers and MGUs improve underwriting speed and accuracy
DXC launches AI SaaS platform to modernize small and mid-sized insurance brokers
DXC unveils Assure Broking Essentials, an AI-powered SaaS platform helping insurance brokers modernize, cut compliance costs, and improve customer service
California health plan automates provider services with Ushur AI Agent
A top California health plan uses Ushur’s AI Agent to automate benefits, claims, and credentialing support, cutting costs and improving provider satisfaction
AXA Partners and bolttech join forces to expand embedded insurance in Europe
AXA Partners teams with bolttech in a long-term deal to deliver embedded insurance across EU, UK, and Switzerland, targeting telcos, banks, retailers, and OEMs
Irys secures $12.5 mn seed to build AI-native insurance infrastructure
Irys raises $12.5mn led by Markd to expand AI-native insurance platform, scale partnerships, and deliver real-time operations across the US and Canada
HOOTL secures $6.5 mn Series A led by 5IR Funds to cut inefficiencies in healthcare insurance
AI-first startup HOOTL secures $6.5mn Series A led by 5IR Funds to cut inefficiencies in healthcare insurance claims with compliance-driven automation
Xceedance secures Portage investment, lifts funding to $100 mn for AI insurance push
Portage takes minority stake in Xceedance, boosting total funding to $100mn as the insurtech expands AI-enabled solutions and pursues strategic acquisitions
FurtherAI raises $25 mn Series A from a16z to automate insurance workflows
FurtherAI secures $25mn led by Andreessen Horowitz to expand AI-driven insurance workflows, scaling automation for carriers, brokers, and claims teams
Bitcoin life insurer Meanwhile secures $82 mn to expand BTC savings and annuities
Meanwhile, a Bermuda-regulated bitcoin life insurer, raised $82mn led by Bain Capital Crypto and Haun Ventures to expand BTC life insurance and savings products
Lloyd’s and Ireland launch Irish insurtech accelerator cohort for 2026
Lloyd’s and Ireland’s Department of Finance unveil an Irish-themed Lloyd’s Lab cohort in 2026 to drive insurtech growth and showcase Irish expertise globally
Crypto insurtech Anthea raised $22 mn Series A to launch Ethereum life insurance
Crypto life insurer Anthea secures $22mn Series A led by Yunfeng Financial to launch first ETH-denominated life insurance and expand across Asia
Ethos and Neptune Insurance file IPO plans with SEC amid strong earnings
Ethos and Neptune push forward IPO filings with Nasdaq listings, revenue gains, and share details that highlight their insurance-tech growth strategies
Tokio Marine taps OpenAI to embed ChatGPT in insurance operations
Tokio Marine teams up with OpenAI to bring generative AI into sales, contracts, and customer services, aiming for sharper proposals and faster processes
Datavant buys DigitalOwl to push AI medical data into insurance and legal
Datavant acquires DigitalOwl, fusing AI-driven medical data tools with its network to speed claims, legal reviews and healthcare record access
Axon Therapies raised $32 mn to push implant-free heart failure trials
Axon Therapies secures $32 mn to advance implant-free splanchnic ablation trials in HFpEF and HFrEF as investors eye global reimbursement and market adoption
Daymark Health raises $20 mn Series A to scale value-based cancer care
Daymark Health secures $20 mn led by Healthier Capital and Blue Venture Fund to expand its tech-enabled, patient-focused cancer care platform nationwide
Optifino, Covr merger creates digital BGA 3.0 for life insurance advisors
Optifino and Covr merge to form Digital BGA 3.0, blending AI-driven case design with enterprise compliance to modernize life insurance distribution
Insurtech Incept launched real-time title insurance to speed UK property deals
UK InsurTech Incept debuts algorithm-driven title insurance, cutting delays and costs in real estate transactions with Land Registry live data
Genpact launches AI-powered insurance suite to cut underwriting cycle times
Genpact’s new AI suite for commercial and specialty insurers promises 90% touchless submissions, 50% lower costs, and faster quote-to-bind processes
UK insurtech Eleos Life launches digital term life with wellness perks
Eleos Life debuts a digital-first term life product in the UK, embedding cover into apps and adding wellness benefits to close the protection gap
INSHUR appoints ManyPets co-founder Guy Farley to UK advisory board
INSHUR has added Guy Farley, co-founder and former CTO of ManyPets, to its UK board of advisors as it ramps up efforts in AI-driven and autonomous vehicle insurance
Insurtech Insify raised €16.3 mn Series B to expand SME coverage in Europe
Dutch insurtech Insify secures €16.3m Series B led by Evli Growth Partners to scale AI-powered insurance for freelancers and SMEs across Europe
MetLife buys 20% stake in insurtech Klimber to expand Latin America reach
MetLife acquires 20% of Klimber, aiming to scale digital insurance access in Latin America through AI-driven underwriting and embedded distribution
Onex to acquire insurtech ISC from KKR as Japan Post backs $2 bn Global Atlantic deal
Onex Partners to buy ISC from KKR, while Japan Post commits $2bn to a Global Atlantic vehicle tied to insurance, reinsurance, and strategic activity
Insurtech Zego ditches black box with app-based telematics to cut costs for UK drivers
UK insurtech Zego launches app-based telematics, replacing black box devices with smartphone tracking to deliver fairer, safer, and more transparent car insurance
SaaS insurtech Shift Technology unveils agentic AI claims platform to boost insurer efficiency
Shift Technology has introduced Shift Claims, a new agentic AI-powered platform aimed at reshaping how insurers handle claims
Invision Cyber and Trend Micro launch data-driven cyber insurance for US firms
Invision Cyber partners with Trend Micro to deliver a real-time, telemetry-based cyber insurance product for US businesses with $10mn coverage capacity
Qover and Helvetia expand partnership to scale embedded insurance across Europe
Qover and Helvetia broaden collaboration to deliver embedded, omnichannel insurance solutions, targeting $30bn market growth by 2030
Hippo adds Laura Hay and Susan Holliday to board, strengthening insurance & risk expertise
Hippo appoints Laura Hay and Susan Holliday to its board, bringing decades of insurance, reinsurance, and governance experience to fuel growth and oversight
Fintech Nestimate sequred $3 mn to expand 401(k) retirement income solutions
Fintech Nestimate has announced the successful closing of $3 mn in funding as part of its effort to help empower 401(k) plan fiduciaries
Insurtech Reserv extends Series B to $41 mn with QBE Ventures backing AI claims push
Reserv raises $41 mn in extended Series B led by QBE Ventures, fueling AI-driven claims orchestration and scaling its TPA platform with $75 mn ARR
InsureMO and Appian team up on AI underwriting platform for US E&S
InsureMO and Appian launch unified underwriting platform for the US E&S market, targeting faster product launches, rating updates, and workflow efficiency
Bamboo Insurance with Accredited to launch E&S homeowners cover in California
Bamboo Insurance partners with Accredited to launch E&S Signature in California, expanding coverage as carriers exit the state’s volatile homeowners market
Insurtech Wopta adds AI agent Anna to expand phygital insurance model
Italian insurtech Wopta launches AI agent Anna with Blu Pantheon to boost phygital insurance services, blending human advice with 24/7 AI support
Allianz UK launches BRIAN AI to cut underwriting search time by 65k minutes
Allianz UK rolls out BRIAN AI for underwriters, saving 65k minutes, boosting speed, accuracy, and confidence in customer enquiry responses
Earnix raises $290 mn to expand AI decisioning for insurers and banks
Earnix secures $290 mn from TPG GP Solutions, JVP, and others to fuel global growth of its Dynamic AI platform for pricing, underwriting, and risk decisioning
Canopius entered into a strategic partnership with insurtech Kalepa
Canopius has entered into a strategic partnership with Kalepa, an underwriting technology company, to supercharge its U.S. operations
Insurtech Seyna secures €10 mn to scale AI-driven broker insurance platform
Paris-based insurer Seyna has raised €10mn in fresh funding to reinforce its solvency and accelerate technology investment as demand from brokers and MGAs surges
Brazilian insurtech 180° Insurance raises $9.2 mn pre-Series B to scale AI insurance
180° Insurance secures $6.4mn equity and $2.8mn debt in pre-Series B, bringing total raised to $46mn as it expands AI-driven B2B2C insurance in Brazil
Elysian secures $6 mn seed to launch AI-native insurance claims platform
Elysian raises $6mn seed to scale its AI-powered TPA platform for commercial insurance, rethinking claims handling with hybrid intelligence and expert review
Global InsurTech funding rose 19.5% to $5.1 bn, with Q4 driving momentum as deal count and average size increased sharply, marking the first annual increase since 2021
InsurTech moves past disruption narrative, focuses on underwriting, AI, and operational efficiency as funding drops and insurers demand measurable results
The first notice of loss (FNOL) is the starting point for every insurance claim. It sets the tone for the entire claims cycle. And for years, this process has been manual
InsurTech funding crossed a significant milestone in Q2 2025, with $60.8bn raised since records began in 2012. The data reflects the scale of investor appetite over 10Y